If you’re a frequent traveler, you understand how important it is to have a credit card that rewards you for your travels. The Citibank PremierMiles Card is one of the best travel credit cards in Singapore. With its generous rewards program, you can earn miles for every dollar you spend, which you can redeem for flights, hotels, and more.
One of the key features of the Citibank PremierMiles Card is its rewards program. You’ll earn 1.2 miles for every $1 spent locally, and 2 miles for every $1 spent overseas. Plus, you can earn up to 10,000 bonus miles when you sign up and spend a minimum of $3,000 in the first 3 months. These miles never expire, so you can save them up for your dream vacation.
To be eligible for the Citibank PremierMiles Card, you must have a minimum annual income of $30,000 if you’re a Singaporean or permanent resident, or $42,000 if you’re a foreigner. The annual fee for the card is $192.60, but it’s waived for the first year. If you’re looking for a credit card that rewards you for your travels, the Citibank PremierMiles Card is definitely worth considering.
Key Takeaways
- The Citibank PremierMiles Card is a great travel credit card for frequent travelers.
- You can earn miles for every dollar you spend, which you can redeem for flights, hotels, and more.
- To be eligible for the card, you must have a minimum annual income of $30,000 if you’re a Singaporean or permanent resident, or $42,000 if you’re a foreigner.
Key Features of Citi PremierMiles Card
If you’re a frequent traveler and looking for a miles card, the Citi PremierMiles Card is a great option to consider. Here are some of its key features:
Miles Earning Potential
With the Citi PremierMiles Card, you can earn miles for every dollar spent on your card. You’ll earn 1.2 Citi Miles for every $1 spent locally and 2 Citi Miles for every $1 spent overseas. The best part is that your Citi Miles never expire, so you can accumulate them over time and use them whenever you want.
Complimentary Travel Insurance Coverage
The Citi PremierMiles Card also comes with complimentary travel insurance coverage of up to $1 million. You’ll be covered for medical expenses, trip cancellations, and other travel-related mishaps. To activate your travel insurance coverage, all you need to do is charge your full travel fare to your Citi PremierMiles Card.
Exclusive Lounge Access
As a Citi PremierMiles Cardholder, you’ll also enjoy exclusive lounge access to over 1,000 airport lounges worldwide. Simply present your Citi PremierMiles Card and your boarding pass to gain access to the lounge. This perk is perfect for those long layovers or delayed flights.
In terms of fees, the Citi PremierMiles Card has an annual fee of $192.60, which is waived for the first year. Overall, the Citi PremierMiles Card is a great miles card for those who love to travel and want to earn miles that never expire.
Financial Prerequisites and Fees
If you’re considering applying for the Citibank PremierMiles card in Singapore, it’s important to be aware of the financial prerequisites and fees associated with the card. Here’s what you need to know:
Minimum Annual Income
To be eligible for the Citibank PremierMiles card, you’ll need to have a minimum annual income of $30,000 if you’re a Singaporean or permanent resident, or $42,000 if you’re a foreigner. If you don’t meet this requirement, you may want to consider applying for a different credit card that better suits your financial situation.
Annual Fee Waiver
The Citibank PremierMiles card comes with an annual fee of $196.20, inclusive of 9% GST. However, there are ways to get the fee waived. For example, you may be eligible for a one-year annual fee waiver if you apply for the Citi Rewards Card or Citi Prestige Card. Additionally, you can get a one-year annual fee waiver for the Citibank PremierMiles card if you apply for a basic and all supplementary cards. If you’re looking for a card with a perpetual fee waiver, the Citi Prestige Card is a good option.
Associated Charges
In addition to the annual fee, the Citibank PremierMiles card comes with other charges that you should be aware of. For example, there’s a foreign currency transaction fee of 3.25% of the transaction amount, which can add up if you frequently travel overseas. There’s also a late payment charge of $100 if you don’t pay your bill on time, and an overlimit fee of $40 if you exceed your credit limit. Finally, there may be other service fees associated with the card, such as a replacement card fee or a cash advance fee.
Overall, the Citibank PremierMiles card is a great option if you’re looking for a travel credit card in Singapore. However, it’s important to understand the financial prerequisites and fees associated with the card before you apply, to ensure that it’s the right choice for you.
Rewards and Benefits
If you’re looking for a credit card that rewards you for your spending, the Citibank PremierMiles card is a great option. Here are some of the rewards and benefits you can expect:
Local and Overseas Spending Rewards
With the Citibank PremierMiles card, you can earn up to 1.2 miles for every $1 spent locally and up to 2 miles for every $1 spent overseas. This makes it easy to rack up miles quickly, whether you’re travelling abroad or just spending money locally.
Lifestyle Perks and Partnerships
The Citibank PremierMiles card also comes with a range of lifestyle perks and partnerships. For example, you can enjoy discounts on hotel bookings, dining, and shopping with Citibank’s various partners. You can also earn KrisFlyer, Asia Miles, Flying Blue, or British Airways Executive Club miles when you use your card to pay for your purchases.
Sign-Up Bonus and Milestone Rewards
If you’re a new Citibank PremierMiles cardholder, you can enjoy a sign-up bonus of up to 30,000 miles. You can also earn bonus miles when you spend a certain amount within the first few months of getting your card. Additionally, the card offers milestone rewards, such as bonus miles on your card anniversary or when you reach a certain spending threshold.
Overall, the Citibank PremierMiles card is a great choice for anyone who wants to earn rewards for their spending. With a range of perks and partnerships, you can enjoy discounts on everything from hotel bookings to dining and shopping. Plus, with the ability to earn KrisFlyer, Asia Miles, Flying Blue, or British Airways Executive Club miles, you can get closer to your next travel adventure with every purchase.
Payment Flexibility and Options
If you’re looking for a credit card that offers payment flexibility and options, the Citibank PremierMiles Card is a great choice. This card provides a range of payment options that make it easy for you to manage your finances.
Citi PayAll Feature
One of the most exciting features of the Citibank PremierMiles Card is the Citi PayAll feature. This feature allows you to pay for a wide range of expenses using your credit card, including bills, condo management fees, taxes, school fees, and more. With Citi PayAll, you can earn miles on all your payments, making it easy to accumulate rewards quickly.
Balance Transfer and Instalment Plans
If you’re looking for a way to manage your debt, the Citibank PremierMiles Card offers balance transfer and instalment plans. With a balance transfer, you can transfer your outstanding balances from other credit cards to your Citibank PremierMiles Card. This can help you consolidate your debt and make it easier to manage your payments.
In addition, the Citibank PremierMiles Card offers instalment plans that allow you to pay for large purchases over time. This can be a great option if you need to make a big purchase but don’t have the cash on hand to pay for it all at once.
Overall, the Citibank PremierMiles Card provides a range of payment options that make it easy for you to manage your finances and earn rewards at the same time. With the Citi PayAll feature and balance transfer and instalment plans, you can enjoy the flexibility and convenience you need to stay on top of your finances.
Comparative Analysis
Citi PremierMiles vs Other Miles Cards
When it comes to travel credit cards, the Citi PremierMiles Card is a popular option in Singapore. However, it’s important to compare it against other similar cards to see how it stacks up.
One of its main competitors is the DBS Altitude Card, which offers similar miles earning rates and flexibility. However, the Citi PremierMiles Card stands out with its Citi Miles that never expire, making it a great option for those who don’t travel frequently but still want to accumulate miles over time.
Another strong competitor is the UOB PRVI Miles Card, which has better earn rates than the Citi PremierMiles Card. However, the UOB PRVI Miles Card has a higher annual fee and does not offer the same level of flexibility as the Citi PremierMiles Card.
Lastly, the Bank of China Elite Miles Card is another option worth considering. It offers competitive earn rates and a range of travel benefits, but it does have a higher annual fee than the Citi PremierMiles Card.
Pros and Cons
Here are some pros and cons to consider when deciding whether the Citi PremierMiles Card is right for you:
Pros:
- Citi Miles that never expire, making it a great option for infrequent travellers
- Earn Citi Miles by paying tax, utility, and insurance bills with Citi PayAll
- Two complimentary passes to worldwide air lounges per year
- Access to Citi-wide lifestyle and dining promotions in Singapore
- Access to priority pass lounge in airports
- Accessible minimum income, making it a good entry-level air miles card
Cons:
- Lower earn rates than some of its competitors, such as the UOB PRVI Miles Card
- Limited travel benefits compared to premium cards, such as the Citi Prestige Card
- Moderate annual fee compared to some other entry-level air miles cards
Overall, the Citi PremierMiles Card is a solid choice for those looking for a flexible, entry-level travel credit card with the added bonus of Citi Miles that never expire. However, if you’re a frequent traveller or looking for more premium benefits, you may want to consider other options such as the Citi Prestige Card.
Frequently Asked Questions
What perks come with lounge access through the Citibank PremierMiles card?
With the Citibank PremierMiles card, you can enjoy complimentary access to over 1,000 airport lounges worldwide through Priority Pass. This includes access to lounges in major airports such as Singapore Changi Airport, Hong Kong International Airport and London Heathrow Airport. Moreover, you can also bring a guest with you for free.
How can you maximise your credit limit with the Citibank PremierMiles card?
To maximise your credit limit with the Citibank PremierMiles card, you can provide proof of your income, such as your latest payslip or income tax statement. Additionally, you can also maintain a good credit score by paying your bills on time and keeping your credit utilisation ratio low.
What’s the process for redeeming your PremierMiles for flights and other rewards?
To redeem your PremierMiles for flights and other rewards, you can log in to your Citibank account online or through the mobile app. From there, you can browse the rewards catalogue and choose the reward you want. You can also redeem your PremierMiles for cash rebates, which will be credited to your account.
Are there any minimum spending requirements to earn miles with the Citi PremierMiles card?
No, there are no minimum spending requirements to earn miles with the Citibank PremierMiles card. You can earn miles on every spend, whether you’re shopping locally or overseas.
Which transactions are excluded from earning miles on the Citibank PremierMiles card?
Cash advances, balance transfers, and any fees or charges are excluded from earning miles on the Citibank PremierMiles card. Additionally, any transactions that are not eligible for rewards as per Citibank’s terms and conditions will not earn miles.
Does the Citibank PremierMiles card include comprehensive travel insurance benefits?
Yes, the Citibank PremierMiles card includes comprehensive travel insurance benefits, such as travel accident insurance, travel inconvenience insurance, and travel medical insurance. However, it is important to note that terms and conditions apply, so it is recommended to read the policy document carefully before travelling.
Overall, the Citibank PremierMiles card offers a range of benefits for frequent travellers, from lounge access to travel insurance. With no minimum spending requirements and the ability to earn miles on every spend, it’s a great option for those looking to maximise their rewards.